SHORT Short term bearish move in Bitcoin

BITSTAMP:BTCUSD   Bitcoin / Dollar
I see bitcoin dropping to around 2k and possibly lower, saw a good setup so I thought I would share with you guys. This is in a bull trap right now and needs to test support it also has a very good risk to reward for shorting. If you own bitcoin it might be smart to take some profits and cash into something else (altcoins - fiat ) . another good buy opportunity will arise 5.04% at some point here soon but for now we didn't have enough upward momentum to make the bullish move to 5k. I will keep you guys updates! let me know if you have any questions in the comments below. Thank you!
Kommentar: https://www.coinigy.com/s/i/595012fff094... Here is my analysis of BTC as far as the whole move is concerned.
Kommentar: Headed the right direction so far.
Kommentar: Made my stop loss at break even
Where are you legend? What's the floor
surely this downtrend hasen't ended??
Still on course for 1900?
Fiat is king, if bitcoin dies then that means the blockchain technology has failed
@Ravness, I think scared BIG Bank just make some media storm, nothing more... cozz BTC price not 3000, but 2500-2700 come back in max month
Ravness shadowforworld
@shadowforworld, I blame segwit2x, but yeah in my chart it went double top so I was optimistic it wasn't gonna break down under 2400 but it did
@Ravness, yes yes... this one "problem" with 2MB block in media blow-up to armageddon scale))
Ravness shadowforworld
@shadowforworld, wasn't the deciding factor, but did play a part
or is just that there wasn't enough bullish momentum?
any reasons to this move down do you think it is due to the bill that they want to push forward in US congress to make bitcoin illegal??
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